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Corporate Vice President, Project Manager
NYLIFE Securities, Inc.
New York, NY, United States
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New York Life Insurance Company (“New York Life” or “the company”) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterrey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion. As of year-end 2016, New York Life’s surplus was $23.336 billion**. New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+. (Source: Individual Third Party Ratings Report as of 8/17/16).
Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.
Position Summary:
The Project Manager will lead, coordinate and execute project plans across the Long Term Care Insurance Department. Initially this individual will focus on our Linked Benefits product and fully support implementations of such. This individual will be a member of the LTC Project Management Office and will work closely with the Linked Benefits product Leader and team. This individual will work with internal and external resources and monitor and report progress of projects to senior management. As a seasoned project manager, you will be accountable for the successful project management of assigned projects and on time & under budget delivery of all project scope with a positive business partner satisfaction rating. The candidate must have expertise in the planning, development and implementation of large scale projects like product implementation that exceed business requirements and expectations.
Responsibilities:
• Lead and coordinate multiple projects by providing unified oversight, ensuring transparency to key stakeholders, and driving successful results. Prioritize project work and delegate responsibilities to team members, if necessary
• For each project, work with senior management and key stakeholders to understand the related business strategies, objectives and priorities, and ensure alignment in supporting and enabling the business strategy
• Identify and manage project inter-dependencies that may not be known or identifiable at the project level, and lead efforts to develop approaches for managing such issues.
• Assess and manage risk within projects and make strategic recommendations for changes to current and future project plans and overall requirements to meet organizational needs.
• Coordinate and collaborate with other areas of the organization on project plans, dependencies, risk and budget.
• Evaluate project timeline, cost/budget to ensure the project is meeting business expectations.
• Manage relationships and communicate project information to all stakeholders to a level appropriate to their needs.
• Proven ability in establishing successful long term business relationships with internal and external stakeholders.
• Directs the resolution of the most complex problems or strategic business challenges
• Covers a range of activities that require complex judgments and solutions based on analytical thought
• Responsible for making and driving significant decisions that impact the strategy and performance within an area
• Has full ownership of large projects, processes or vendor management
• Adept at measuring and can quickly diagnose and fix a workflow problem, while also looking for improvement.
Qualifications:
• Bachelor's Degree and 7+ plus years experience
• Insurance/Healthcare experiences a plus. Certifications in Long Term Care, Life, and PMP (Project Management Professional) helpful
• Excellent written and verbal communication skills.
• Ability to execute strategies and track and measure results.
• Ability to clearly communicate expectations.
• Proven negotiating and consensus building skills.
• Ability to work effectively and achieve results across internal functional areas and external parties in ambiguous situations.
• Superior record of achievement
SF:LI-LB1
EOE M/F/D/V
*Based on revenue as reported by “Fortune 500, ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, June 17, 2016. See http://fortune.com/fortune500/ for methodology.
**Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company’s long-term financial strength and stability and is presented on a consolidated basis of the company.
1. Operating earnings is the key measure use by management to track Company’s profitability from ongoing operations and underlying profitability of the business. This indicator is based on generally accepted accounting principles in the US (GAAP), with certain adjustments Company believes to be appropriate as a measurement approach (non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2. Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.